• Same story, different day...........year ie more of the same fiat floods the world
  • There are no markets
  • "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

Is Gold The Biggest Fraud In History?

anywoundedduck

Gold Member
Gold Chaser
Joined
Mar 31, 2010
Messages
3,156
Likes
3,992
Location
Kentucky
#2
Yes,it is
Take your pick, GLD or COMEX futures. Most insidious Ponzi scheme ever contrived.
 

Ragnarok

I'd rather be
Midas Member
Joined
Mar 31, 2010
Messages
5,631
Likes
4,503
#3
But they show a picture of physical gold, not of a paper gold contract.

R.
 

keef

Пальто Crude
Platinum Bling
Joined
Nov 11, 2011
Messages
6,077
Likes
5,544
Location
here
#4
No. Fiat reserve currency with no gold backing is the biggest fraud. Not like the rest of the world isn't catching on:


I doubt they will show this on FOX news.
 

Cigarlover

Gold Member
Gold Chaser
Joined
Dec 18, 2011
Messages
4,884
Likes
8,759
#5
hahahahaha, These idiots are getting rid of the dollar and buying some stupid metal.. The jokes on them. Wait til they find out that worthless tungsten will barely get them a cup of coffee.
China selling down 5 billion of the debt they hold? Sounds like a lot but it's probably not even 1% of their holdings in US debt. The fed is unloading 30 billion a month and is about to up that to 50 billion IIRC. Even if China unloaded 5 billion a month, over 12 months that would be about what the fed does in 1 month. Get rid of welfare and social security and we wouldn't even notice it. :dduck::dduck::dduck:

Not sure who is buying all this debt though. If we just print money than we can expect prices to go much higher for everyday living.
 

keef

Пальто Crude
Platinum Bling
Joined
Nov 11, 2011
Messages
6,077
Likes
5,544
Location
here
#6
The FED is reducing, China/Russia reducing, but private banks are buying all our new bonds hand over fist, it's totally controlled thats why the interest is not rising over 3%. (There was an article on who is buying the debt on ZeroHedge, don't have the link, basically they are getting 3% guaranteed)

Totally managed economy today, since 2008. Markets mean nothing anymore, they can move the DOW like a lever any way they want.



And all that tungsten showed up during the Clinton years.

Russia and China won't accept the shit, they make the refiners remelt EVERYTHING now and turn it out fresh in kilo bars before it goes in their coffers.

Maybe Turkey in took some tungsten? hahahahaha, 22 tons, they can use it to make lamp filaments.
 
Last edited:

Peter52

New Member
Joined
Nov 1, 2018
Messages
17
Likes
9
#7
Is Gold The Biggest Fraud In History?
No, it's silver.
If you look at the most widespread precious metal among the people, not among banks, financial institutions, wealthies... it is or was silver, not gold.
From the point of view of the people, of the ordinary people around the globe, the biggest economic and financial fraud is silver
 

anywoundedduck

Gold Member
Gold Chaser
Joined
Mar 31, 2010
Messages
3,156
Likes
3,992
Location
Kentucky
#8
Is Gold The Biggest Fraud In History?
No, it's silver.
If you look at the most widespread precious metal among the people, not among banks, financial institutions, wealthies... it is or was silver, not gold.
From the point of view of the people, of the ordinary people around the globe, the biggest economic and financial fraud is silver
No, it's BITCOIN. Before that, TULIPS.
Silver and gold have been stores of wealth for thousands of years. Always will be.
Better buy silver now, TROLL.
 

ZZZZZ

Gold Member
Gold Chaser
Joined
Dec 23, 2017
Messages
2,324
Likes
5,135
Location
Northern Arizona
#9
Is Gold The Biggest Fraud In History?
No, it's silver.
If you look at the most widespread precious metal among the people, not among banks, financial institutions, wealthies... it is or was silver, not gold.
From the point of view of the people, of the ordinary people around the globe, the biggest economic and financial fraud is silver
Did you even watch the video?
.
.
 

Peter52

New Member
Joined
Nov 1, 2018
Messages
17
Likes
9
#13
Is Gold The Biggest Fraud In History?
No, it's silver.
If you look at the most widespread precious metal among the people, not among banks, financial institutions, wealthies... it is or was silver, not gold.
From the point of view of the people, of the ordinary people around the globe, the biggest economic and financial fraud is silver
The biggest financial fraud in history is the manipulation of the silver market and price, which began, if I don't err, in the 19th century with the Brits stealing China's silver.
Charles Savoie, The Pilgrim Society etc.
 

Peter52

New Member
Joined
Nov 1, 2018
Messages
17
Likes
9
#15
No, it's BITCOIN. Before that, TULIPS.
Bitcoin was born yesterday and involve 0,...% of the world population.
Tulips were a nord european phenomenon and involved only speculators.

Equallying these history's burps with the precious metals game means seriously lacking historical perspective.

Ooops... I forgot... between you and me I'm the troll...
 

stAGgering

Silver Miner
Seeker
Joined
Apr 11, 2010
Messages
851
Likes
575
#16
The financial structure is passively reliant upon gold, thus an amplified fraud, a pyramid ponzi scheme.
If gold ceased to be, the world would carry on.

Silver however far removed from the financial structure, we all extensively rely upon.
Silver being traded far beyond availability every day, farther than gold, is a fraud.
If silver ceased to be, global collapse of infrastructure would ensue, in consumer economies.
The malicious intent underlying silver's fraudulent manipulation, is greatest risk encompassing the globe.